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The Impact of MACRA on Cardiology Billing

Medisys Compliance

MACRA replaced the previously used Sustainable Growth Rate (SGR) formula for Medicare physician payments. Advanced Alternative Payment Models (APMs): These models encourage collaboration between providers and offer the potential for higher shared savings if specific quality and cost goals are met.

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Optimizing SNF Billing: A Comprehensive Guide with Essential Tips

Medisys Compliance

Accurate and timely billing is a fundamental aspect of financial success for Skilled Nursing Facilities (SNFs), particularly when it comes to optimizing SNF billing. In this guide, we will explore into essential SNF billing tips to help you optimize your billing processes and navigate the complexities of reimbursement.

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Brief about Wound Care Reimbursements in Various Healthcare Settings

Medisys Compliance

Wound Care Reimbursements in Various Healthcare Settings Inpatient Hospital Wound care in an inpatient hospital setting is reimbursed through the Diagnosis-Related Group (DRG) payment system. The MPFS is a payment system that reimburses healthcare providers for services rendered to Medicare patients in an outpatient setting.

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Understanding 3-Day Payment Window for Outpatient Billing

Medisys Compliance

In general, if a hospital has direct ownership or control over another entity’s operations, then services that other entity provides are subject to the payment window policy. If the admitting hospital is a Critical Access Hospitals (CAHs), the payment window policy doesn’t apply. Defining Wholly Owned or Wholly Operated.

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3 Key Wound Care Billing Updates for 2024

Medisys Compliance

Starting in January 2024, home health agencies must bill for dNPWT devices using the dedicated TOB code 032x. This update requires home health agencies to adjust their billing processes and documentation to ensure accurate claims for dNPWT devices. This code is separate from the codes used for other wound care services.